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USP Group swings to FY17 net loss of $3.6 mil
SINGAPORE (July 29): USP Group swung to a FY17 net loss of $3.6 million from a profit of $0.4 million a year ago due to higher cost of sales and an increase in general and administrative expenses after its recent acquisitions.
July 29, 2017
2013 Penny Stock Crash
USP Group calls EGM but skips requisitioning members' concerns
SINGAPORE (March 24): USP Group, which has been facing a minority revolt, has finally called an extraordinary general meeting. But it is not quite for the reasons listed in the shareholders' requisition.
March 24, 2017
Update
USP’s dissenting shareholders can convene meeting if ignored by board: SGX
SINGAPORE (March 17): The Singapore Exchange says USP’s dissenting shareholders may themselves convene a shareholders’ meeting within three months from the requisitioning date if USP’s board of directors ignore their request to hold an extraordinary
March 17, 2017
Hot Stock
USP shares surge more than 60% despite minority revolt
SINGAPORE (Feb 20): Shares of USP Group, typically thinly traded, surged by more than 60% to 16.9 cents on Monday, following a move by two of the company’s substantial shareholders to try and oust executive chairman Li Hua and executive director Raphael
February 20, 2017